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Rumor: Lenovo, NEC to Establish PC Joint Venture in Japan

CNSoftNews, 1/21/11

Chinese laptop, PC, and handset manufacturer Lenovo (0992.HK) and Japanese electronics firm NEC are in final talks to open a PC manufacturing joint venture in Japan, according to foreign media reports, to reduce costs and improve both companies' competitiveness. Lenovo will purchase a majority stake in NEC PC manufacturing subsidiary NEC Personal Products Ltd., and the two companies will jointly establish the new JV.

Keywords: production facility NEC Personal Products hardware Lenovo Japan JV NEC PC 0992.HK computer

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